Choose HYCM if you want…
MENA + EU traders wanting an established multi-jurisdictional broker with Henyep Group balance-sheet backing.
HYCM
⭐ 4.3 / 5
VS
JustMarkets
⭐ 3.0 / 5
HYCM vs JustMarkets — which broker is better in 2026?
We compared HYCM and JustMarkets across five core criteria: regulation, minimum deposit, spreads, platform choice, and overall user rating. HYCM wins on more criteria (3 categories vs 2), making it the stronger default for most traders. Both brokers remain reputable, independently tier-1 regulated options.
| HYCM | JustMarkets | Winner | |
|---|---|---|---|
| Rating | ⭐ 4.3 / 5 | ⭐ 3.0 / 5 | HYCM |
| Regulators | FCA, CySEC, DFSA, CIMA Cayman | CySEC, FSCA (South Africa), FSA Seychelles | HYCM |
| Min. deposit | $100 | $1 | JustMarkets |
| Spreads from | 0.2 pips (Raw) / 1.2 pips (Classic) | 0.0 pips (Raw) | JustMarkets |
| Max. leverage | Up to 1:30 (EU retail) / 1:500 (offshore) | 1:3000 (offshore) | — |
| Platforms | MT4, MT5, HYCM Trader | MT4, MT5 | HYCM |
| Founded | 1977 | 2012 | — |
| HQ | London, UK / Limassol, Cyprus | Limassol, Cyprus | — |
Pros & cons compared
HYCM pros
- ✓ Founded 1977 — among the oldest retail FX brokers globally
- ✓ FCA + CySEC + DFSA + CIMA tier-1 + tier-2 regulation
- ✓ Part of Henyep Group — diversified $1bn+ financial conglomerate
- ✓ Strong MENA + EU presence with Arabic support
- ✓ Raw account: 0.2 pips + $4/lot round-turn
Cons
- ✗ Smaller scale than Exness / XM / Pepperstone
- ✗ Classic account spreads (1.2+ pips) wider than ECN brokers
- ✗ Limited cTrader option — MT4/MT5 only
JustMarkets pros
- ✓ Ultra-low $1 minimum deposit
- ✓ Very high offshore leverage (up to 1:3000)
- ✓ CySEC and FSCA regulated entities
- ✓ Raw account with spreads from 0.0 pips on MT4/MT5
- ✓ Swap-free (Islamic) accounts available in eligible regions
Cons
- ✗ Extreme leverage dramatically increases risk of ruin
- ✗ Headline 1:3000 leverage only on the offshore entity
- ✗ Education and research thinner than Exness or XM
Which one should you choose?
Choose JustMarkets if you want…
Cost-sensitive offshore traders wanting the lowest possible entry and very high leverage.
Frequently asked questions
Which is better — HYCM or JustMarkets?
Based on five comparison criteria (regulation, deposit, spreads, platforms, overall rating), HYCM wins 3 categories. That makes it the stronger default choice — though both brokers remain reputable, independently tier-1 regulated options.
Is HYCM more regulated than JustMarkets?
HYCM holds licenses from: FCA, CySEC, DFSA, CIMA Cayman. JustMarkets holds licenses from: CySEC, FSCA (South Africa), FSA Seychelles. HYCM has more regulatory licenses, giving it broader geographic coverage.
What are the spreads at HYCM vs JustMarkets?
HYCM spreads start from 0.2 pips (Raw) / 1.2 pips (Classic). JustMarkets spreads start from 0.0 pips (Raw). Actual spreads vary by account type and market conditions.
Which has a lower minimum deposit, HYCM or JustMarkets?
HYCM: $100. JustMarkets: $1. JustMarkets has the lower entry barrier.
